FY2025 EPS Estimates for TSE:NEO Lowered by Stifel Canada

Neo Performance Materials Inc. (TSE:NEO) – Research analysts at Stifel Canada decreased their FY2025 earnings per share estimates for shares of Neo Performance Materials in a research report issued on Tuesday, March 18th. Stifel Canada analyst I. Gillies now expects that the company will earn $0.84 per share for the year, down from their previous estimate of $0.89. The consensus estimate for Neo Performance Materials’ current full-year earnings is $0.68 per share.

Separately, Stifel Nicolaus raised their price target on Neo Performance Materials from C$15.00 to C$16.50 and gave the company a “buy” rating in a report on Wednesday.

Neo Performance Materials Stock Up 5.3 %

TSE NEO opened at C$9.60 on Thursday. The stock has a market capitalization of C$280.96 million, a P/E ratio of -126.08 and a beta of 1.38. Neo Performance Materials has a 52 week low of C$5.67 and a 52 week high of C$9.80. The company has a debt-to-equity ratio of 10.65, a quick ratio of 1.92 and a current ratio of 2.59. The stock has a fifty day moving average of C$8.30 and a 200-day moving average of C$8.13.

Neo Performance Materials Company Profile

Neo Performance Materials Inc engages in the manufacture and sale of rare earth, magnetic powders, magnets, and rare metal-based functional materials in Canada and internationally. The company operates in three segments: Magnequench, Chemicals and Oxides, and Rare Metals. The Magnequench segment produces magnetic powders that are used in bonded and hot deformed fully dense neodymium-iron-boron magnets; and bonded magnets.